it already. >> index levels are still very high historically speaking. i mean, we're hitting record after record on european indices as well as for the dow and the s&p. so the fact that traders have this visibility that they can expect a crisis, in other words, factor it in ahead of time, i mean, i suppose that means we won't see big drops in european indices because of this. >> reporter: absolutely. that's exactly what happened yesterday. we were expecting the markets to drop significantly yesterday in european markets and they didn't. everyone was asking me why are they not dropping? because, you know, the traders here, thaifs seen crisis after crisis after crisis from the u.s. started with lehman brothers, european crisis, emerging market crisis, so they've gained financial muscles and learned to read between the lines. and this political maneuvering we're seeing in europe, whilst had-t has rattled them slightly. we are slightly higher in